PCAOB July 9, 2026
Here’s Who’s Serving on the PCAOB’s Inspections Modernization Council
The Public Company Accounting Oversight Board on Thursday revealed the names of the 12 people who will serve on its new Inspections Modernization Council.
October 9, 2018
Completing the Accounting for the Impact of TCJA
While 2017’s Tax Cuts and Job Act (Act) passed Congress on December 22, 2017, many entities are continuing to assess the Act’s impact on their income taxes not only on a going forward basis but also on the deferred tax amounts which they had recorded at that date. Recently issued and forthcoming Internal Revenue Service...…
October 9, 2018
Deloitte Wins 2018 ‘Audit Innovation of the Year’ Award
Cortex is a cloud-based data platform that harnesses the power of data by securely and seamlessly integrating data acquisition with data preparation and analytics. Combining advanced technology with business processes, Cortex can generate meaningful ...
September 28, 2018
5 Steps to Compliance with New Lease Accounting Standards
The compliance countdown is on for ASC 842. The new lease accounting standard published by the Financial Accounting Standards Board in 2016 will require companies to report most operating leases on their balance sheets starting in 2019.
September 24, 2018
Long Island CPA Recognized for Service to Nonprofit Organizations
The Urbach Award is named in honor of the late Michael H. Urbach, CPA, who was a partner at Urbach, Kahn & Werlin Advisors Inc. (now called UHY Advisors); a former commissioner of the New York State Department of Taxation and Finance; and former ...
September 21, 2018
5 Steps to ASC 842 Compliance – New Lease Accounting Standards Pose Challenge
The compliance countdown is on for ASC 842. The new lease accounting standard published by the Financial Accounting Standards Board in 2016 will require companies to report most operating leases on their balance sheets starting in 2019.
September 21, 2018
Special Report Provides Guidance on the New Accounting Model for Leases
Thomson Reuters has released a special report addressing the FASB’s new guidance on leases. The report, An Overview of the New Accounting Model for Leases, provides insights on the complexities related to this topic to make analyzing and planning for ...
September 21, 2018
Four CPAs honored as Maryland’s ‘Women to Watch’ for 2018
Launched in 2014 by the American Institute of CPAs, the awards highlight the accomplishments and contributions of women in the CPA profession and demonstrate to emerging female leaders that success is not out of reach.
September 21, 2018
Public Company Auditors Earn Solid Confidence Ratings from U.S. Investors
Eighty-one percent of American investors say they have confidence that public company auditors are effective in their investor protection roles, according to the Center for Audit Quality’s 2018 Main Street Investor Survey. The annual survey polls ...
September 19, 2018
New Leased Assets Solution From Bloomberg Tax Helps Companies Comply with New Lease Accounting Standards
The changes to accounting rules that take effect January 2019 for public companies and January 2020 for private companies require publicly traded companies to report operating and finance leases on their balance sheets and have new lease accounting ...
September 19, 2018
Workiva and KPMG Partner for Risk Management, Regulatory Reporting and Compliance
With cloud-based capabilities for automation, synchronized data, controlled collaboration and real-time data monitoring, Wdesk users are able to improve productivity and accountability in their processes for internal controls over financial reporting, ...
September 14, 2018
Outsourced CFO Engagements: A Risk/Reward Perspective for CPA Firms
Outsourced CFO work is a lucrative practice area that many accounting firms are either currently engaged in or plan on offering. While much has been written concerning the financial benefits, little has been written on the risk management ...
September 13, 2018
K2 Enterprises Announces 17th Annual K2 Quality Awards
The K2 Quality Awards are in their seventeenth year and the are among the most well respected and longest standing awards in the Accounting industry. Randy Johnston, Shareholder and VP at K2 Enterprises was quite pleased “I’m amazed at the pace of ...